Asbury Automotive CFO Driving off to New Job at AMC Entertainment

Staff Report From Metro Atlanta CEO

Tuesday, October 15th, 2019

Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., announced that Sean Goodman provided notice of his intention to resign from the position of Senior Vice President & Chief Financial Officer of the Company effective November 15, 2019, to accept the position of Chief Financial Officer of another publicly-traded company outside of the auto retail industry. David W. Hult, Asbury's President & Chief Executive Officer, said "We thank Sean for his service to Asbury and wish him well in his next endeavor. We are pleased that Sean has agreed to remain with the Company until after we file our quarterly report on the Form 10-Q for the quarter ended September 30, 2019."

Goodman said "I would like to thank David for the opportunity to serve as CFO of such a great company. I will miss Asbury and wish the team every success in the future." The Company also announced that William Stax, Vice President, Corporate Controller & Chief Accounting Officer of the Company, was appointed interim Principal Financial Officer effective November 16, 2019 while the Company conducts a search for a new Chief Financial Officer.